MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.85

-0.4%

Dec 29 4:00 PM EST

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To: American Spirit who wrote (75772)	4/23/2001 8:47:53 PM
From: t2	Read Replies (2) of 99985

It's spring and the bulls want to rampage while the bears are overdue for a long hibernation. Expect upward resumption now. Two steps up one back, etc. Agree. Everything I heard on the NVLS cc and CPQ cc seems to indicate that the bottom in their business is near and therefore the stocks should see the move up sooner. ..extending it to tech stocks in general. A little pullback can't hurt; just prefer it stays over 2000. This might be a tough week for the Nasdaq but I am expecting it move up next week. I will take a slightly down week now for some consolodating of recent gains.

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